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Soilbuild Construction proposes 4-to-l stock split after shares soar 313%

The Straits Times

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December 16, 2025

Construction and engineering company Soilbuild Construction has proposed a four-to-one stock split to increase affordability of its shares.

The proposed stock split comes after a meteoric 313 per cent rise in Soilbuild’s share price to date in 2025, having closed at 76 cents at the end of 2024. The counter closed 1.9 per cent, or six cents, up at $3.20 on Dec 15.

Soilbuild said on Dec 15 that the move will reduce the price of each share, increase market liquidity and broaden the shareholder base.

It has an issued and paid-up share capital of about $107.9 million from about 165.5 million shares. The split will add about 496.4 million shares.

An extraordinary general meeting to vote on the proposal will be held on Jan 5.

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